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How much does a loan officer make in Albany?

$79,710a year

Median yearly pay for loan officers in the Albany-Schenectady-Troy, NY metro area. That is $38.32 an hour or $6,643 a month.

Hourly
$38.32
Vs. national median
+4%
Rank among cities
86 of 383
Jobs in the area
560
Pay range
Lowest 10%: $47,860Median: $79,710Highest 10%: $167,100
PercentileYearlyHourly
10th$47,860$23.01
25th$58,720$28.23
Median$79,710$38.32
75th$121,300$58.32
90th$167,100$80.35

Other cities in New York

Median yearly pay for loan officers.

New York, NY$101,600
Rochester, NY$82,280
Watertown, NY$81,850
Kiryas Joel, NY$79,670
Syracuse, NY$78,580
Buffalo, NY$76,170
Ithaca, NY$75,060
Binghamton, NY$68,680
Kingston, NY$65,870
Utica, NY$61,910
Loan Officer salary in New York Loan Officer salary in all states

Related jobs in Albany

Same field, median yearly pay.

Personal Financial Advisor$124,600
Financial Risk Specialist$120,600
Project Management Specialist$109,900
Labor Relations Specialist$99,830
Insurance Underwriter$92,830
Financial and Investment Analyst$91,270
Accountant and Auditor$84,660
Business Operations Specialist$83,910
Management Analyst$83,690
Logistician$83,360
Salaries for every job in Albany, NY

Frequently asked questions

How much does a loan officer make an hour in Albany?

The median hourly pay in the Albany-Schenectady-Troy, NY metro area is $38.32 ($79,710 a year).

Do loan officers make more in Albany than the national average?

Yes: $79,710 against $76,690 nationally, 4% more.

How does Albany compare with the rest of New York?

The median in New York is $95,710, so Albany pays 17% less.

Where does Albany rank for loan officer pay?

86 of 383 metro areas with data.

How much does a loan officer make starting out in Albany?

The lowest-paid 10% make $47,860 or less a year; the top 10% make $167,100 or more.

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS): pay in May 2025, published by BLS in 2026. Hourly pay is the yearly figure divided by 2,080 hours.